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2518 16 Street SW

Calgary T2T 4E9

MLS® Number:  A2214661

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  • Home \
  • Calgary \
  • Bankview \
  • 2518 16 Street SW

$ 3,750,000

0

BEDROOMS

0 + 0

BATHROOMS

7,600

SQUARE FEET

2025

YEAR BUILT

https://www.cirrealty.ca/reb/creb/61/A2214661_2.jpg

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MLS® Number
A2214661
PROPERTY TYPE
4 plex
LISTING DATE
April-24-2025

Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, fully tenanted 8-unit asset with legal suites and luxury finishes. Backed by solid rent fundamentals, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with projected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significant capital appreciation. Contact us for pro forma, rent roll, and detailed financial package. Brand New 6-Plex. potential to 8 Plexes currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10,000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview) Rental Income Potential: Main units: $3,500 – $4,500/month Basement suites: $1,500/month Total projected rent: $20,000 – $24,000/month Similar nearby units rent at $30/sq. ft., underscoring the income potential. Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside. Hurry—this opportunity won’t last long! Contact us today to schedule a viewing

COMMUNITY  Bankview
PROPERTY TYPE  4 plex
BUILDING TYPE  Four Plex
STYLE  Side by Side
YEAR BUILT 2025
SQUARE FOOTAGE  7,600
BEDROOMS  0
BATHROOMS  0
BASEMENT  Finished, Full, Suite
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  Gas
FLOORING  Hardwood, Vinyl Plank
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING  Double Garage Attached, Garage Door Opener, Garage Faces Front
RESTRICTIONS  None Known
ROOF 
TITLE  Fee Simple
BROKER  First Place Realty

 

 

ROOMS DIMENSIONS (m) LEVEL
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6352 sqft | 0 Beds | 0 + 0 Baths    

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.